Keating co. is considering disposing of equipment that cost $50,000 and has $40,000 of accumulated depreciation to date. keating co. can sell the equipment through a broker for $25,000 less a 5% commission. alternatively, gunner co. has offered to lease the equipment for five years for a total of $48,750. keating will incur repair, insurance, and property tax expenses estimated at $8,000 over the five-year period. at lease-end, the equipment is expected to have no residual value. the net differential profit or loss from the sell alternative is :

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The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach